Gates Christian D. 4
4 · NEXTNAV INC. · Filed Mar 19, 2024
Insider Transaction Report
Form 4
Gates Christian D.
Chief Financial Officer
Transactions
- Award
Common Stock
2024-03-15+24,091→ 790,789 total - Award
Common Stock
2024-03-15+88,235→ 879,024 total - Award
Stock Option (Right to Buy)
2024-03-15+138,761→ 549,126 totalExercise: $4.68Exp: 2034-03-15→ Common Stock (138,761 underlying) - Sale
Common Stock
2024-03-18$4.23/sh−29,208$123,550→ 849,816 total
Footnotes (4)
- [F1]Represents a bonus grant of restricted stock units (the "RSUs"). 100% of the RSU's vested on March 15, 2024 (grant date).
- [F2]Represents a grant of restricted stock units (the "RSUs"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on the one-year anniversary of March 15, 2025, and 1/16 of the RSUs shall vest at the end of each consecutive three-month period thereafter.
- [F3]Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU").
- [F4]Represents a grant of stock options (the "Options"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the Options vested on the one-year anniversary of March 15, 2025, and 1/16 of the Options shall vest at the end of each consecutive three-month period (quarterly) thereafter.